NWG // FINANCIAL INFORMATION //
THE GROUP
improvements are added to the cost and depreciated over the remaining useful life of the underlying asset .
Buildings 2-4 % Equipment , tools and installations 10-33 %
A tangible fixed asset is removed from the Group ´ s consolidated balance sheet upon sale or disposal , which occurs if the asset is not expected to generate any future economic benefits neither by being used nor being sold . Capital gains and losses are calculated as the difference between the consideration received and the asset ’ s carrying amount . Such gains and losses are recognized as other operating income or other operating costs in the period in which the asset is removed from the balance sheet . The assets ’ residual values , useful lives and methods of depreciation are reviewed at the end of each financial year and adjusted prospectively , if required .
If there are internal or external indications of a decline in the value of an asset , the asset is to be tested for impairment . An impairment loss is recognized if the recoverable amount of an asset is lower than its carrying amount . The recoverable amount is the higher of value in use and net realizable value . Impairment losses are recognized in the Group ’ s consolidated income statement in the period during which they occur . If an individual asset cannot be tested separately , as it is not possible to identify the fair value less selling expenses for the asset , the asset is allocated to a group of assets , known as a cashgenerating unit , for which it is possible to identify separate future cash flows . To the extent that the underlying factors behind an impairment loss change in coming periods , the impairment loss will be reversed .
Buildings and land
Equipment , tools and installations
SEK million |
2022 |
2021 |
2022 |
2021 |
Accumulated acquisition values Opening accumulated acqusition values |
522.5 |
491.4 |
676.1 |
613.5 |
Acquistion through business combinations |
5.1 |
0.0 |
37.4 |
0.0 |
Acquisitions |
53.7 |
32.2 |
70.0 |
73.1 |
Sales / disposals |
-11.3 |
0.0 |
-75.2 |
-44.4 |
Reclassifications |
-31.1 |
-16.5 |
23.1 |
6.6 |
Translation differences |
21.8 |
15.4 |
85.1 |
27.2 |
Closing accumulated acquistion values |
560.6 |
522.5 |
816.6 |
676.1 |
Accumulated depreciations Opening accumulated depreciations |
-175.6 |
-155.0 |
-420.2 |
-373.3 |
Acquistion through business combinations |
-2.9 |
0.0 |
-29.9 |
0.0 |
Sales / disposals |
7.2 |
0.0 |
73.1 |
33.6 |
Depreciations as a part of production costs / goods for resale |
0.9 |
0.7 |
-9.2 |
-3.4 |
Depreciations |
-19.1 |
-16.4 |
-58.9 |
-54.4 |
Translation differences |
-7.7 |
-4.9 |
-71.7 |
-22.7 |
Closing accumulated depreciations |
-197.2 |
-175.6 |
-516.8 |
-420.2 |
Accumulated write-downs Opening accumulated write-downs |
-20.2 |
-20.2 |
-3.2 |
-3.1 |
Sales / disposals |
0.0 |
0.0 |
-0.1 |
-0.1 |
Closing accumulated write-downs |
-20.2 |
-20.2 |
-3.3 |
-3.2 |
Closing book value 343.2 326.7 296.5 252.7
ANNUAL REPORT // 091